Cove Street Capital 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ANGI INC	COM	00183L102	19,317	7,373	SH		SOLE		7,373	0	0
ABBOTT LABS	COM	002824100	113,660	1,000	SH		SOLE		1,000	0	0
ABBVIE INC	COM	00287Y109	182,100	1,000	SH		SOLE		1,000	0	0
AMER SOFTWARE INC	COM	029683109	4,452,550	388,869	SH		DFND		0	0	388,869
AMER SOFTWARE INC	COM	029683109	1,749,995	152,838	SH		SOLE		152,838	0	0
AMERICAN VANGUARD CORP	COM	030371108	5,310,963	410,113	SH		DFND		0	0	410,113
AMERICAN VANGUARD CORP	COM	030371108	3,874,303	299,174	SH		SOLE		299,174	0	0
ARCHER DANIELS MIDLAND CO	COM	039483102	1,808,928	28,800	SH		SOLE		28,800	0	0
BANK NEW YORK MELLON CORP	COM	064058100	1,578,788	27,400	SH		SOLE		27,400	0	0
BERKSHIRE HATHAWAY INC DEL	COM	084670702	1,509,667	3,590	SH		SOLE		3,590	0	0
CNX RES CORP	COM	12653C108	4,946,925	208,555	SH		DFND		0	0	208,555
CNX RES CORP	COM	12653C108	2,708,634	114,192	SH		SOLE		114,192	0	0
CHEVRON CORP NEW	COM	166764100	157,740	1,000	SH		SOLE		1,000	0	0
CLEAN HARBORS INC	COM	184496107	929,650	4,618	SH		SOLE		4,618	0	0
ENOVIS CORPORATION	COM	194014502	4,833,255	77,394	SH		DFND		0	0	77,394
ENOVIS CORPORATION	COM	194014502	5,095,608	81,595	SH		SOLE		81,595	0	0
COMPASS MINERALS INTL INC	COM	20451N101	3,242,802	206,023	SH		DFND		0	0	206,023
COMPASS MINERALS INTL INC	COM	20451N101	1,639,557	104,165	SH		SOLE		104,165	0	0
COMPUTER PROGRAMS & SYS INC	COM	205306103	4,814,029	522,129	SH		DFND		0	0	522,129
COMPUTER PROGRAMS & SYS INC	COM	205306103	1,947,633	211,240	SH		SOLE		211,240	0	0
CTO RLTY GROWTH INC NEW	COM	22948Q101	227,198	13,404	SH		SOLE		13,404	0	0
DLH HLDGS CORP	COM	23335Q100	3,479,328	262,195	SH		DFND		0	0	262,195
DLH HLDGS CORP	COM	23335Q100	1,507,220	113,581	SH		SOLE		113,581	0	0
DEVON ENERGY CORP NEW	COM	25179M103	2,785,793	55,516	SH		SOLE		55,516	0	0
EASTERN CO	COM	276317104	18,545	544	SH		SOLE		544	0	0
ECOVYST INC	COM	27923Q109	9,830,219	881,634	SH		DFND		0	0	881,634
ECOVYST INC	COM	27923Q109	10,685,290	958,322	SH		SOLE		958,322	0	0
FMC CORP	COM	302491303	2,259,949	35,478	SH		SOLE		35,478	0	0
FRANCO NEV CORP	COM	351858105	2,311,704	19,400	SH		SOLE		19,400	0	0
GLOBAL INDEMNITY GROUP LLC	COM	37959R103	2,085,779	68,319	SH		SOLE		68,319	0	0
GREAT ELM CAP CORP	COM	390320703	67,466	6,100	SH		SOLE		6,100	0	0
GREAT ELM GROUP INC	COM	39037G109	1,363,315	710,060	SH		DFND		0	0	710,060
GREAT ELM GROUP INC	COM	39037G109	581,541	302,886	SH		SOLE		302,886	0	0
GREAT LAKES DREDGE & DOCK CO	COM	390607109	17	2	SH		DFND		0	0	2
GREAT LAKES DREDGE & DOCK CO	COM	390607109	9	1	SH		SOLE		1	0	0
HALLADOR ENERGY COMPANY	COM	40609P105	833,532	156,385	SH		DFND		0	0	156,385
HALLADOR ENERGY COMPANY	COM	40609P105	708,218	132,874	SH		SOLE		132,874	0	0
HOWMET AEROSPACE INC	COM	443201108	969,653	14,170	SH		SOLE		14,170	0	0
IAC INC	COM	44891N208	12,065,508	226,200	SH		DFND		0	0	226,200
IAC INC	COM	44891N208	10,726,087	201,089	SH		SOLE		201,089	0	0
INFUSYSTEM HLDGS INC	COM	45685K102	2,476,421	288,964	SH		DFND		0	0	288,964
INFUSYSTEM HLDGS INC	COM	45685K102	885,804	103,361	SH		SOLE		103,361	0	0
INNOVATIVE SOLUTIONS & SUPPO	COM	45769N105	18,556	2,535	SH		SOLE		2,535	0	0
ISHARES TR	ETF	464288687	112,805	3,500	SH		SOLE		3,500	0	0
ISHARES TR	ETF	46429B655	112,343	2,200	SH		SOLE		2,200	0	0
JANUS DETROIT STR TR	COM	47103U845	96,406	1,900	SH		SOLE		1,900	0	0
KBR INC	COM	48242W106	4,442,131	69,779	SH		DFND		0	0	69,779
KBR INC	COM	48242W106	5,923,181	93,044	SH		SOLE		93,044	0	0
KINDER MORGAN INC DEL	COM	49456B101	713,426	38,900	SH		SOLE		38,900	0	0
LIFECORE BIOMEDICAL INC	COM	514766104	4,385,577	825,909	SH		DFND		0	0	825,909
LIFECORE BIOMEDICAL INC	COM	514766104	2,431,295	457,871	SH		SOLE		457,871	0	0
LIBERTY MEDIA CORP DEL	COM	531229748	85	2	SH		SOLE		2	0	0
LIONS GATE ENTMNT CORP	COM	535919500	2,672,901	287,100	SH		DFND		0	0	287,100
LIONS GATE ENTMNT CORP	COM	535919500	222,369	23,885	SH		SOLE		23,885	0	0
LITTELFUSE INC	COM	537008104	776,005	3,202	SH		SOLE		3,202	0	0
MOTORCAR PTS AMER INC	COM	620071100	4,213,386	524,053	SH		DFND		0	0	524,053
MOTORCAR PTS AMER INC	COM	620071100	1,581,468	196,700	SH		SOLE		196,700	0	0
NEWMARKET CORP	COM	651587107	4,693,650	7,396	SH		DFND		0	0	7,396
NEWMARKET CORP	COM	651587107	2,190,074	3,451	SH		SOLE		3,451	0	0
OUTFRONT MEDIA INC	COM	69007J106	6,922,517	412,300	SH		DFND		0	0	412,300
OUTFRONT MEDIA INC	COM	69007J106	6,779,802	403,800	SH		SOLE		403,800	0	0
PARK AEROSPACE CORP	COM	70014A104	4,088,436	245,847	SH		DFND		0	0	245,847
PARK AEROSPACE CORP	COM	70014A104	1,852,632	111,403	SH		SOLE		111,403	0	0
PHILIP MORRIS INTL INC	COM	718172109	100,782	1,100	SH		SOLE		1,100	0	0
RED VIOLET INC	COM	75704L104	4,435,895	226,900	SH		DFND		0	0	226,900
RED VIOLET INC	COM	75704L104	940,355	48,100	SH		SOLE		48,100	0	0
REGAL REXNORD CORPORATION	COM	758750103	1,520,224	8,441	SH		SOLE		8,441	0	0
RESEARCH SOLUTIONS INC	COM	761025105	5,010,265	1,585,527	SH		DFND		0	0	1,585,527
RESEARCH SOLUTIONS INC	COM	761025105	5,840,802	1,848,355	SH		SOLE		1,848,355	0	0
SPDR SER TR	COM	78464A649	356,660	14,100	SH		SOLE		14,100	0	0
SCHWAB CHARLES CORP	COM	808513105	2,177,434	30,100	SH		SOLE		30,100	0	0
SCRIPPS E W CO OHIO	COM	811054402	7,096,287	1,805,671	SH		DFND		0	0	1,805,671
SCRIPPS E W CO OHIO	COM	811054402	7,456,825	1,897,411	SH		SOLE		1,897,411	0	0
SECUREWORKS CORP	COM	81374A105	3,119,565	464,221	SH		DFND		0	0	464,221
SECUREWORKS CORP	COM	81374A105	1,172,002	174,405	SH		SOLE		174,405	0	0
SIMPLIFY EXCHANGE TRADED FUN	MBS ETF	82889N525	392,007	7,700	SH		SOLE		7,700	0	0
SIX FLAGS ENTMT CORP NEW	COM	83001A102	5,903,550	224,299	SH		DFND		0	0	224,299
SIX FLAGS ENTMT CORP NEW	COM	83001A102	4,303,636	163,512	SH		SOLE		163,512	0	0
STANDEX INTL CORP	COM	854231107	2,451,406	13,453	SH		DFND		0	0	13,453
STANDEX INTL CORP	COM	854231107	1,241,647	6,814	SH		SOLE		6,814	0	0
STAR GROUP L P	COM	85512C105	160,320	16,000	SH		SOLE		16,000	0	0
STONEX GROUP INC	COM	861896108	4,099,671	58,350	SH		DFND		0	0	58,350
STONEX GROUP INC	COM	861896108	2,219,865	31,595	SH		SOLE		31,595	0	0
TAPESTRY INC	COM	876030107	142,440	3,000	SH		SOLE		3,000	0	0
TIPTREE INC	COM	88822Q103	4,820,895	278,987	SH		DFND		0	0	278,987
TIPTREE INC	COM	88822Q103	2,501,798	144,780	SH		SOLE		144,780	0	0
TREDEGAR CORP	COM	894650100	32,600	5,000	SH		SOLE		5,000	0	0
TRIMBLE INC	COM	896239100	1,673,360	26,000	SH		SOLE		26,000	0	0
TRIPLE FLAG PRECIOUS METAL	COM	89679M104	4,243,575	293,673	SH		DFND		0	0	293,673
TRIPLE FLAG PRECIOUS METAL	COM	89679M104	3,577,560	247,582	SH		SOLE		247,582	0	0
VIASAT INC	COM	92552V100	6,544,618	361,781	SH		DFND		0	0	361,781
VIASAT INC	COM	92552V100	7,325,943	404,972	SH		SOLE		404,972	0	0
VIEMED HEALTHCARE INC	COM	92663R105	5,243,665	556,062	SH		DFND		0	0	556,062
VIEMED HEALTHCARE INC	COM	92663R105	3,184,841	337,735	SH		SOLE		337,735	0	0
VITESSE ENERGY INC	COM	92852X103	4,606,515	194,122	SH		DFND		0	0	194,122
VITESSE ENERGY INC	COM	92852X103	3,731,376	157,243	SH		SOLE		157,243	0	0
WARNER BROS DISCOVERY INC	COM	934423104	3,955,208	452,800	SH		SOLE		452,800	0	0
CLIMB GLOBAL SOLUTIONS INC	COM	946760105	6,864,515	96,847	SH		DFND		0	0	96,847
CLIMB GLOBAL SOLUTIONS INC	COM	946760105	4,151,938	58,577	SH		SOLE		58,577	0	0
WELLS FARGO CO NEW	COM	949746101	1,576,512	27,200	SH		SOLE		27,200	0	0
WELLS FARGO CO NEW	COM	949746804	139,035	115	SH		SOLE		115	0	0
AXALTA COATING SYS LTD	COM	G0750C108	2,665,294	77,502	SH		SOLE		77,502	0	0
WHITE MTNS INS GROUP LTD	COM	G9618E107	9,224,496	5,141	SH		DFND		0	0	5,141
WHITE MTNS INS GROUP LTD	COM	G9618E107	8,820,779	4,916	SH		SOLE		4,916	0	0
MILLICOM INTL CELLULAR S A	COM	L6388F110	40	2	SH		SOLE		2	0	0